CenterPoint Energy, Inc (Holdin (CNP) Stock Forecasts

Summary

CenterPoint Energy is a gas and electric company with about seven million metered customers. It has distribution and electric transmission, distribution and small generation operations. The company is headquartered in gas-rich Texas and has regulated electric service in Texas and Ohio, but also serves customers in Louisiana, Minnesota, Mississippi, and Indiana. Regulated gas service is in IN, MN, OH, and TX. Its Indiana utility has relatively small generation capacity of about 1.3 GW. CNP has about 4.7 GW of total energy output. Its fuel mix remains heavily reliant on fossil fuels, with almost 85% of its Indiana generation from coal. The company has closed two coal-fired plants and operates one remaini